Homework Clinic
Social Science Clinic => Business => Finance => Topic started by: tnt_battle on Apr 25, 2021
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The initial purchase price of a new stamp press is $6,000. The firm will spend $5,000 on shipping and installation. Training of new employees will cost $2,000. As a result of the purchase, inventory must increase $1,300. What is the net initial cash flow? Round your answer to the nearest dollar. Sign your cash flows negative for outflows and positive for inflows.
◦ $13,000
◦ -$13,000
◦ $14,300
◦ -$14,300
◦ $11,000
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-$14,300
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Thank you
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thank you
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Thank you